SKWIZ: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SKWIZ
Largest movements
- Receivables within one year -€115,539
down €115,539 (-58.4%), from €197,801 to €82,262
of which Trade receivables: -€130,828
- Intangible fixed assets -€36,725
down €36,725 (-68.1%), from €53,966 to €17,240
- Deferred charges and accrued income +€13,622
new in 2025: €13,622
- Cash +€4,423
up €4,423 (+24.6%), from €17,999 to €22,422
mainly Debts after one year (+€408,427) and Receivables within one year (+€115,539)
- Debts after one year +€408,427
up €408,427 (+260.0%), from €157,102 to €565,528
- Other debts -€302,374
no longer reported in 2025 (was €302,374)
- Accrued charges and deferred income -€168,624
down €168,624 (-73.7%), from €228,728 to €60,104
- Trade debts -€99,772
down €99,772 (-87.4%), from €114,161 to €14,388
- Profit (loss) carried forward +€24,043
up €24,043 (+3.8%), from -€627,644 to -€603,601
- Gross operating margin +€546,943
up €546,943, from -€353,799 to €193,144
- Staff costs -€97,225
down €97,225 (-45.3%), from €214,555 to €117,330
- Depreciation -€45,537
down €45,537 (-54.9%), from €82,934 to €37,396
- Financial charges +€5,164
up €5,164 (+55.8%), from €9,257 to €14,421
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,431 | €136,540 | -€134,891 | -49.7% |
| Fixed assets | 21/28 | €55,630 | €18,234 | -€37,396 | -67.2% |
| Intangible fixed assets | 21 | €53,966 | €17,240 | -€36,725 | -68.1% |
| Tangible fixed assets | 22/27 | €1,215 | €544 | -€671 | -55.2% |
| Furniture and vehicles | 24 | €1,215 | €544 | -€671 | -55.2% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €215,801 | €118,306 | -€97,494 | -45.2% |
| Amounts receivable within one year | 40/41 | €197,801 | €82,262 | -€115,539 | -58.4% |
| Trade receivables | 40 | €197,801 | €66,973 | -€130,828 | -66.1% |
| Other amounts receivable | 41 | - | €15,289 | +€15,289 | |
| Cash at bank and in hand | 54/58 | €17,999 | €22,422 | +€4,423 | +24.6% |
| Deferred charges and accrued income | 490/1 | - | €13,622 | +€13,622 | |
| Total equity and liabilities | 10/49 | €271,431 | €136,540 | -€134,891 | -49.7% |
| Equity | 10/15 | -€624,778 | -€600,736 | +€24,043 | +3.8% |
| Contributions | 10/11 | €2,688 | €2,688 | = | 0.0% |
| Reserves | 13 | €178 | €178 | = | 0.0% |
| Non-distributable reserves | 130/1 | €178 | €178 | = | 0.0% |
| Reserves not available under the articles | 1311 | €178 | €178 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€627,644 | -€603,601 | +€24,043 | +3.8% |
| Amounts payable | 17/49 | €896,209 | €737,276 | -€158,933 | -17.7% |
| Amounts payable after more than one year | 17 | €157,102 | €565,528 | +€408,427 | +260.0% |
| Financial debts | 170/4 | €157,102 | €565,528 | +€408,427 | +260.0% |
| Amounts payable within one year | 42/48 | €510,379 | €111,643 | -€398,736 | -78.1% |
| Current portion of amounts payable after more than one year | 42 | €79,949 | €83,947 | +€3,998 | +5.0% |
| Trade debts | 44 | €114,161 | €14,388 | -€99,772 | -87.4% |
| Suppliers | 440/4 | €114,161 | €14,388 | -€99,772 | -87.4% |
| Taxes, remuneration and social security | 45 | €13,896 | €13,308 | -€588 | -4.2% |
| Taxes | 450/3 | €6,773 | - | -€6,773 | |
| Remuneration and social security | 454/9 | €7,123 | €13,308 | +€6,185 | +86.8% |
| Other amounts payable | 47/48 | €302,374 | - | -€302,374 | |
| Accrued charges and deferred income | 492/3 | €228,728 | €60,104 | -€168,624 | -73.7% |
| Remuneration, social security and pensions | 62 | €214,555 | €117,330 | -€97,225 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,934 | €37,396 | -€45,537 | -54.9% |
| Gross operating margin | 9900 | -€353,799 | €193,144 | +€546,943 | |
| Operating profit (loss) | 9901 | -€651,288 | €38,417 | +€689,705 | |
| Financial income | 75/76B | €1,044 | €46 | -€998 | -95.6% |
| Recurring financial income | 75 | €1,044 | €46 | -€998 | -95.6% |
| Financial charges | 65/66B | €9,257 | €14,421 | +€5,164 | +55.8% |
| Recurring financial charges | 65 | €9,257 | €14,421 | +€5,164 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | -€659,501 | €24,043 | +€683,543 | |
| Profit (loss) for the period | 9904 | -€659,501 | €24,043 | +€683,543 | |
| Profit (loss) for the period to be appropriated | 9905 | -€659,501 | €24,043 | +€683,543 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.